Hi Bears! I, Monkey, wrote for the Financial Times (Cover your ears!)

DEMOCRATIC REPUBLIC OF THE CONGO- Penned this during a quiet moment. To the tune of Hey Jude. Not great but it’s a start! And I am sure there will be many more come Monday
(FT.com Original)
by Monkey

Bear Stearns, don’t feel too bad
Have a bank loan to make it better
Remember to pay back JP Morgan
Then you can start to make it better

Bear Stearns don’t be afraid
For the FED will come in and save you
Whenever a big bank looks to be binned
They will step in to make it better

And anytime you feel the pain, Bear Stears refrain
From buying those Triple A securities
Well don’t you know that’s it’s a fool who breaks the rule
And borrows more than they can afford to

Bear Stearns! You took write downs
But where you mark loans, you can’t sell them
Remember, to run with lower leverage
And maybe to hedge against your debtors

So take the loan and ignore the din, Bear Stearns begin
To repair your completely shattered balance sheet
And don’t you know that its not just you, but Lehmans
Too, whose shares are tumbling in the market

Bear Stearns, don’t feel too bad
Have a bank loan to make it better
Remember to pay back JP Morgan
Then you can start to make it better

Cover your ears, I got more hits a’coming!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: